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Cryptocurrency exchange Bitfinex in conjunction with EOSFinex, its decentralized trading platform, have announced that they had successfully completed a “chainswap” to convert $5 million worth of Tether (USDT) stablecoins onto the EOS blockchain protocol.According to a press release shared with CryptoX on Oct. 5, this way the companies aim
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Cryptocurrency exchange Bitfinex announced on Saturday, Oct 5, that it expects to be prosecuted by an unknown party in a ‘meritless and mercenary lawsuit’. The Hong Kong-based exchange which has been embroiled in a number of controversies apparently got wind of a damning report and is looking to
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Stablecoin firm Tether and its affiliate exchange Bitfinex anticipate a lawsuit alleging that Tether token (USDT) is involved in market manipulation as the result of an unpublished paper.Tether and Bitfinex to defend its positionOn Oct. 5, both Tether and Bitfinex published statements claiming that they had become aware of
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Blockchain-based PC games distribution platform Ultra.io has announced on Oct. 2 that its first three block producers (BPs) are Bitfinex, EOS Rio and EOS New York.All three future network maintainers are EOS BPs while Bitfinex is also a major and well-known cryptocurrency exchange.Making the gaming industry fairerPer the announcement,
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The Appellate Division of the New York Supreme Court said that Bitfinex won’t have to continue turning the documents of its Tether use to the New York Attorney General’s office (OAG), for now.Its a big win for cryptocurrency exchange Bitfinex on the long going Tether stablecoin case as the Appellate
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According to official news released by Bitfinex on September 3, the exchange has added support for two derivatives products based on Bitcoin and Ethereum. Bitfinex, the Market Leader Founded in 2012, Bitfinex is a cryptocurrency exchange providing advanced services for digital currency traders and liquidity providers, while also being closely linked with the most popular
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iFinex (the parent company of Bitfinex and Tether) filed a motion in July to dismiss the lawsuit against the company as the New York Attorney General (NYAG) Letitia James doesn’t have jurisdiction over them in this case. On August 19, the Supreme Court dismissed the motion and ruled that the
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The New York Supreme Court ruled that the matter between the state’s Attorney General and Bitfinex parent company iFinex can continue. The bitcoin price rose 5 percent in response. | Source: Shutterstock; Edited by CCNBy CCN Markets: The bitcoin price moved higher on new legal developments in the ongoing
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The New York State Supreme Court has ruled that the New York Office of the Attorney General (NYAG) has jurisdiction over cryptocurrency exchange Bitfinex.According to a court filing on Aug. 19, this will allow the NYAG to continue its investigation of the exchange over allegations of fraud and misleading
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